1. Cheaper modes of transportation are preferred for products with a high-value to weight ratio, for which reducing transportation cost is important.

this statement is false

Explanation: cheaper modes of transportation are preferred for the products that have small value to weight ratio, for which reducing transportation cost is important.

2. When making transportation decisions, a carrier goal is to minimize the total cost(transportation, inventory, information and facility) while providing an appropriate level of responsiveness to the customer.

this statement is true

Explanation: Methods of transportation are decided on the basis of their efficiency, which is to reduce overall costs. The aim of the shipper is to decrease the cost and deliver goods timely to the consumers.

3. Sourcing a product overseas may have lower product cost but will generally incur a higher inbound transportation cost.

this statement is true

Explanation: transportation costs as higher because different countries have different taxation policies, and process of outsourcing may be cheaper but distribution of the final product will be costly due to tariffs and other barriers.

4. A milk run is a route in which a truck either delivers product from a single supplier to multiple retailers or goes from multiple suppliers to a single retailer.

this statement is true

Explanation: this means that a supplier deliver goods to multiplier buyers on the truck or a truck pick up the deliveries that are destined for the same buyer location from many suppliers.